PARIS -- New Carrefour SA Chief Executive Officer Lars Olofsson gave a blunt diagnosis of what ails Europe's biggest retailer and prescribed tough turnaround measures that include cutting prices and fixing its troubled supercenter business in France.Mr. Olofsson said his priorities were "First, France; second, France; third, France" -- a reflection of the tough problems Carrefour faces on its home turf. In France, Carrefour's supercenters, which the company calls hypermarkets, and its discount stores are underperforming because their prices ... rest of article here.
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